Increased government focus on public safety and increasing implementation of IP-based notification devices
VANCOUVER, BC, CANADA, March 30, 2022 /EINPresswire.com/ — Global Mass Notification Systems Market research report provides a panoramic view of the Mass Notification Systems market, framework regulatory and macro and microeconomic factors that influence industry growth. The report strives to offer authentic information about the Mass Notification System market size, share, product portfolio, revenue estimates, and growth rate. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals.
The global mass notification system market size reached USD 7.95 billion in 2020 and is expected to register a CAGR of 19.9% during the forecast period. Market revenue growth is expected to be driven to a large extent by the government’s increased focus on public safety. The growing deployment of IP-based notification devices is expected to further propel the growth of the global mass notification system market in the future. The increasing adoption of mass notification systems in the education sector is expected to increase the growth of the global mass notification system market in the near future.
However, the lack of standards regarding mass notification systems is expected to hamper the growth of the global mass notification systems market to some extent during the forecast period.
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The report also discusses key players involved in the market such as Blackboard Inc., Motorola Solutions, Inc., International Business Machines Corporation, Honeywell International Inc., Eaton Corporation plc, Siemens AG, Everbridge, Inc., OnSolve, LLC, Singlewire Software, LLC and xMatters, Inc. and others as well as new market entrants. It focuses on recent mergers and acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial condition and business base. consumers.
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Emergen Research has segmented the global mass notification system market on the basis of component, solution, deployment, application, end-use, and region:
Components Outlook (Revenue, USD Billion; 2018-2028)
Solution Outlook (Revenue, USD Billion; 2018-2028)
In the building
Deployment Outlook (Revenue, USD Billion; 2018-2028)
On the site
Application Outlook (Revenue, USD Billion; 2018-2028)
Public warnings and alerts
End-Use Outlook (Revenue, USD Billion; 2018-2028)
IT and Telecom
Main conclusions of the report:
Solutions segment revenue is expected to grow at a significant CAGR during the forecast period. The increasing adoption of mass notification system solutions across various industries is expected to drive the revenue growth of this segment in the future.
In terms of revenue share, the buildings segment is expected to register significant growth over the forecast period owing to the increasing deployment of in-building solutions across various industries to communicate alerts, messages, and notifications to individuals.
The increasing implementation of on-premises mass notification systems across various industries is expected to drive the revenue growth of the on-premises segment, which is expected to lead in terms of revenue contribution to the global mass notification systems market during the forecast period.
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Moreover, the report covers the analysis of major industry players with a particular focus on their global standing, financial situation and recent developments. Porter’s five forces analysis and SWOT analysis have been covered in the report to provide insightful data on the competitive landscape.
The detailed regional analysis covers:
North America (USA, Canada)
Europe (UK, Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
Study of the Global Mass Notification Systems Market Size by Key Regions, Types and Applications with Reference to Historical Data (2017-2019) and Forecast (2021-2028)
Industry structure analysis of Mass Notification Systems Market by identifying various sub-segments
In-depth analysis of key market players along with their SWOT analysis
Competitive landscape marking
Mass Notification Systems Market analysis based on growth trends, futuristic prospects, and contribution to total market growth
Analysis of Drivers, Restraints, Opportunities, Challenges, and Risks in Global Mass Notification Systems Market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches and other strategic alliances
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